Internet Globalization Impact

The internet effects many benefits for businesses in this global area. The internet continues to grow explosively. More than 938 million people worldwide are now online. Knowing that companies start to use internet as a strategy to serve consumers. Firstly, the internet is a powerful tool for customer relationship building. Companies can interact online with customers and learn what the customers specific needs and wants. Customers can ask questions and give feedback to the companies. The second benefit is the internet can also reduce cost. For instance, a company can produce digital catalog for much less cost than printing catalog. The other benefit is the internet can also give efficiency because customers can deal directly with the sellers. In conclusion, the internet gives many benefits for businesses.